New Results From the Landmark Prospective CIRCULATE Trial Expand Clinical Utility of the Signatera® MRD Test in Colorectal Cancer

Data presented in oral session at the 2021 ESMO GI Congress shows >99% of MRD-negative patients were recurrence-free at 6 months of follow-up, including patients who did not receive adjuvant treatment

PR Newswire

AUSTIN, Texas, July 2, 2021 /PRNewswire/ — Natera, Inc. (NASDAQ: NTRA), a pioneer and global leader in cell-free DNA testing, today announced it will present new data on its personalized and tumor-informed molecular residual disease (MRD) assay, Signatera, at the 2021 European Society for Medical Oncology World Congress on Gastrointestinal Cancer (ESMO GI), taking place June 30 – July 3, 2021. Data will be presented in colorectal cancer (CRC) and pancreatic cancer.

Natera will present updated results from the prospective, multi-center, randomized CIRCULATE-Japan trial, the largest MRD-guided study to date in CRC, designed to investigate ctDNA-guided treatment strategies for patients with stage I-IV resected CRC. With follow-up information now available in the first 808 patients in this trial, this readout is multiple times larger than any previous Natera MRD study in CRC, and as such, creates a new benchmark for evaluating test performance.

“We are very encouraged by how quickly we have been able to generate this large, high-quality dataset, and look forward to growing it even further through our collaboration with Natera,” said the CIRCULATE-Japan study’s Principal Investigator, Dr. Takayuki Yoshino of the National Cancer Center Hospital East, Kashiwa-shi, Chiba, Japan. “We believe that personalized MRD testing is the future and will improve treatment decisions for tens of thousands of colorectal cancer patients in Japan and around the world.”

“CIRCULATE-Japan is a landmark prospective trial, and based on these strong interim results, we are highly optimistic they will lead to changes in practice guidelines in early-stage colorectal cancer,” said Alexey Aleshin, M.D., Natera’s vice president of medical affairs, oncology. “At our core, we are a data-driven company, and these data very clearly demonstrate that Signatera can be an important and accurate tool for helping patients avoid unnecessary treatment.”

Details about the abstracts are as follows:

Abstract # O-11 | Oral Presentation | Presenter: Hiromichi Shirasu

Monitoring molecular residual disease by circulating tumor DNA in resectable colorectal cancer: Molecular subgroup analyses of a prospective observational study GALAXY in CIRCULATE-Japan

This oral presentation describes an updated interim analysis of the first 808 patients from CIRCULATE-Japan, the largest prospective MRD study to date in CRC. Personalized Signatera assays were performed preoperatively and then serially after surgery. Preoperative MRD was detected in 95% of patients with stage II–III CRC. Longitudinal MRD-positivity was significantly associated with inferior disease-free survival (hazard ratio = 46.8) and Signatera demonstrated a relapse sensitivity of 93.1%. MRD-positivity at 4 weeks after surgery was significantly associated with nodal positivity and MRD-negative patients had remarkably good prognosis, with recurrence-free survival >99% at six months of follow-up, across all stages and regardless of whether adjuvant treatment was administered.

Abstract # 271 | Poster Presentation | Presenter: Maen Abdelrahim, M.D.

Circulating tumor DNA for early relapse detection and monitoring disease status in patients with early-stage pancreatic adenocarcinoma

A prospective study of seven pancreatic adenocarcinoma patients and one ampullary adenocarcinoma patient who were monitored after surgery using Signatera, in addition to blood biomarkers carcinoembryonic antigen (CEA) and cancer antigen 19-9 (CA 19-9) and radiological imaging. MRD-positivity was found to be associated with poorer recurrence-free survival (HR 10.14, p=0.03). MRD findings correlated with, and preceded, imaging results in 100% of patients who relapsed. MRD was found to be a more specific prognostic biomarker compared to CEA and CA 19-9.

About Signatera

Signatera is a custom-built circulating tumor DNA (ctDNA) test for treatment monitoring and molecular residual disease (MRD) assessment in patients previously diagnosed with cancer. The test is available for both clinical and research use, and has been granted three Breakthrough Device Designations by the FDA for multiple cancer types and indications. The Signatera test is personalized and tumor-informed, providing each individual with a customized blood test tailored to fit the unique signature of clonal mutations found in that individual’s tumor. This maximizes Signatera’s accuracy for detecting the presence or absence of residual disease in a blood sample, even at levels down to a single tumor molecule in a tube of blood. Signatera is intended to detect and quantify how much cancer is left in the body, to detect recurrence earlier and to help optimize treatment decisions.

Signatera test performance has been clinically validated in multiple cancer types including colorectal, non-small cell lung, breast, and bladder cancers. Signatera has been developed and its performance characteristics determined by Natera, the CLIA-certified laboratory performing the test. The test has not been cleared or approved by the US Food and Drug Administration (FDA). CAP accredited, ISO 13485 certified, and CLIA certified.

About Natera

Natera is a pioneer and global leader in cell-free DNA testing from a simple blood draw. The mission of the company is to change the management of disease worldwide with a focus on women’s health, oncology, and organ health. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas and San Carlos, California. It offers proprietary genetic testing services to inform obstetricians, transplant physicians, oncologists, and cancer researchers, including biopharmaceutical companies, and genetic laboratories through its cloud-based software platform. For more information, visit natera.com. Follow Natera on LinkedIn.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera’s plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera’s expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our efforts to develop and commercialize new product offerings, our ability to successfully increase demand for and grow revenues for our product offerings, whether the results of clinical or other studies will support the use of our product offerings, our expectations of the reliability, accuracy and performance of our tests, or of the benefits of our tests and product offerings to patients, providers and payers. Additional risks and uncertainties are discussed in greater detail in “Risk Factors” in Natera’s recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.

Contacts

Investor Relations: Mike Brophy, CFO, Natera, Inc., 650-249-9090
Media: Kate Stabrawa, Communications, Natera, Inc., 720-318-4080 [email protected]

 

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SOURCE Natera, Inc.

Ovintiv to Host its Second Quarter 2021 Results Conference Call and Webcast on July 28, 2021

PR Newswire

DENVER, July 2, 2021 /PRNewswire/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2021 results conference call at 7:30 a.m. MT, on Wednesday July 28, 2021. The Company plans to release its financial and operating results after market close, Tuesday July 27, 2021. In addition to the release, supplemental slides and financial statements will be available on the Company’s website, located at www.ovintiv.com.

To participate in the conference call, please dial 888-664-6383 (toll-free in North America) or 416-764-8650 (international) approximately 15 minutes prior to the call.

The live audio webcast of the event, including slides, also will be available on Ovintiv’s website, under Investors/Presentations and Events, and will be archived for approximately 90 days.

Further information on Ovintiv Inc. is available at www.ovintiv.com, or by contacting: 

Investor contact: (888) 525-0304

[email protected]

Media contact: (403) 645-2252

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SOURCE Ovintiv Inc.

Scott+Scott Attorneys at Law LLP Reminds Investors to Securities Class Action Against Ubiquiti, Inc. (UI) and July 19 Deadline

NEW YORK, July 02, 2021 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, reminds investigators of a class action lawsuit against Ubiquiti, Inc. (“Ubiquiti” or the “Company”) (NYSE: UI) and certain of its officers, alleging violations of federal securities laws. If you purchased Ubiquiti securities between January 11, 2021 and March 30, 2021 (the “Class Period”), and have suffered a loss, you are encouraged to contact attorney Rhiana Swartz for additional information at (844) 818-6980 or [email protected].

Ubiquiti develops and markets equipment and technology platforms for high-capacity internet access, unified information technology, and consumer electronics.

The lawsuit alleges, among other things, that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company had downplayed a data breach to its system in January 2021; (2) attackers had obtained administrative access to Ubiquiti’s servers and obtained access to, among other things, all databases, all user database credentials, and secrets required to forge single sign-on (SSO) cookies; (3) as a result, intruders already had credentials needed to remotely access Ubiquiti’s customers’ systems; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On March 30, 2021, after the market closed, Krebs on Security published an article entitled “Whistleblower: Ubiquiti Breach ‘Catastrophic,’” which stated that the Company’s assertion that hackers had only gained unauthorized access to certain of its information hosted by a third-party cloud provider was false and that the Company had been aware since December 2020 that attackers had “administrative access to all Ubiquiti [Amazon Web Services] accounts, including . . . all user database credentials, and secrets required to forge single sign-on (SSO) cookies.”

On this news, the Company’s stock price fell $50.70, or 14.5%, to close at $298.30 per share on March 31, 2021, on unusually heavy trading volume.

What You Can Do

If you purchased Ubiquiti securities between January 11, 2021 and March 30, 2021, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Rhiana Swartz at (844) 818-6980 or [email protected]. The lead plaintiff deadline is July 19, 2021.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.

Attorney Advertising

CONTACT:

Rhiana Swartz


Scott+Scott Attorneys at Law LLP


230 Park Avenue, 17th Floor, New York, NY 10169-1820

(844) 818-6980


[email protected]



EastGroup Properties Announces Second Quarter 2021 Earnings Conference Call and Webcast

PR Newswire

JACKSON, Miss., July 2, 2021 /PRNewswire/ — EastGroup Properties (NYSE:EGP) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Wednesday, July 28, 2021 at 11:00 A.M. Eastern Time.  On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the second quarter results and discuss EastGroup’s current operations. 

EastGroup plans to release financial results for the quarter after the market closes on July 27, 2021. The earnings release and supplemental information package will be posted on the Company’s website, www.eastgroup.net, at that time.

A live broadcast of the conference call is available by dialing 1-877-240-5772 (conference ID EastGroup) or by webcast through a link on the Company’s website at www.eastgroup.net. If you are unable to listen to the live conference call, a telephone and webcast replay will be available on Wednesday, July 28, 2021. The telephone replay will be available until Wednesday, August 4, 2021, and can be accessed by dialing 1-877-344-7529 (access code 10158233). The replay of the webcast can be accessed through a link on the Company’s website at www.eastgroup.net and will be available until Wednesday, August 4, 2021.

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company’s goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company’s strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup’s portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 48.5 million square feet.

EastGroup Properties, Inc. press releases are available at www.eastgroup.net.  

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SOURCE EastGroup Properties

Las Vegas’ Biggest Acts Return To The Stage With MGM Resorts

PR Newswire

Cirque du Soleil, Bruno Mars, Dave Chappelle among the A-list entertainment reappearing on The Strip this July

LAS VEGAS, July 2, 2021 /PRNewswire/ — MGM Resorts International, a global leader in live entertainment and sports, is kick-starting Las Vegas’ return to the Entertainment Capital of the World, bringing back the industry’s biggest names this month with the likes of “O” by Cirque du Soleil, Bruno Mars, Dave Chappelle, Conor McGregor and others.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8917051-las-vegas-biggest-acts-return-stage-mgm-resorts/

Last night, one of the world’s best-selling theatrical productions of all time – “O” by Cirque du Soleil, which has been enjoyed by more than 17 million people from around the globe – celebrated its first performance in 16 months at Bellagio in front of a sold-out crowd. Prior to taking the stage, cast and crew of the iconic aquatic show paraded through the resort, welcomed back by Bellagio employees and delighting thousands of fans. Cirque’s flagship production features incredible acrobats and synchronized swimmers performing 60-foot high dives in a 1.5-million-gallon pool.

Click here to download b-roll and photos from “O’s” reopening night  

“For the past 16 months, we’ve waited patiently to reignite the heartbeat of Las Vegas with our large-scale shows, sporting events and nightlife — and this weekend marks a major milestone for the full recovery of our city,” said Bill Hornbuckle, MGM Resorts International’s CEO and President. “Millions of people travel from around the world to experience the unique entertainment only Las Vegas offers, and with the return of names like Bruno, Chappelle and Cirque, we are letting them know it’s time to come back.”

Daniel Lamarre, President and CEO, Cirque du Soleil Entertainment Group, said, “‘O’ has been a fan favorite and source of pride for Cirque du Soleil since it first opened at Bellagio in 1998. As we continue to look forward with fresh hope, the grand reopening of one of the shows that has made Cirque du Soleil what it is today – a global leader in live entertainment – is a milestone we want to celebrate. Intermission is over! Let the show begin.”

Beginning this month, MGM Resorts will welcome back many of the entertainers and events visitors love about its Las Vegas properties:

  • “O” by Cirque du Soleil returned to Bellagio July 1 and will be followed by Michael Jackson ONE at Mandalay Bay on August 19 and The Beatles LOVE at The Mirage on August 26. For more information or to purchase tickets, visit here.

  • Bruno Mars
     will be the first artist returning to Park Theater at Park MGM July 2, performing two shows every weekend in July with more 2021 dates booked. For tickets or VIP Suite and Ticket packages, visit parkmgm.com.
  • The iconic MGM Grand Garden Arena will set the stage for four sold-out Dave Chappelleshows the first two weekends in July starting July 2. For more information on entertainment at MGM Grand, visit mgmgrand.com.
  • The Mirage entertainment lineup is back in full force with Shin Lim beginning Thursday, July 1 and the Aces of Comedy program returning in July with comedians like Tom Segura, Chelsea Handler, Gabriel Iglesias and Bill Maherbooked throughout 2021. For more information on The Mirage entertainment, visit here.
  • T-Mobile Arena will host UFC 264: Poirier vs. McGregor 3Saturday, July 10 followed by Fury vs. Wilder IIISaturday, July 24. For more information on the arena or to purchase tickets, visit tmobilearena.com.
  • On The Record, Park MGM’s speakeasy and club, reopens Friday, July 2. For more information, visit ontherecordlv.com.
  • The Concerts on the Beach series at Mandalay Bay Beach begins with a July 4 show featuring Sublime With Rome. To purchase tickets or for more Concerts on the Beach show information, visit here.
  • Michelob ULTRA Arena at Mandalay Bay will host the Men’s and Women’s USA Basketball teams beginning July 6 as they participate in training camps and play in multiple exhibition games over five days prior to departing for Tokyo. To purchase tickets, visit here.
  • The longest-running dinner show on the Las Vegas Strip, Tournament of Kings, returns Wednesday, July 14. For more details or to purchase tickets, visit here.

The return of these large-scale offerings rounds out the robust entertainment lineup MGM Resorts has reopened over the past eight months including David Copperfield, Jabbawockeez and Brad Garrett’s Comedy Club at MGM Grand; Carrot Top and Fantasy at Luxor; Terry Fator at New York-New York; and the Australian Bee Gees and Thunder from Down Under at Excalibur. A global force in entertainment, MGM Resorts is home to more than 20 world-class arenas, theaters and event grounds, selling 8 million* tickets annually for live events ranging from renowned artists such as The Rolling Stones, Cher and Bruno Mars, to vibrant music festivals and some of the biggest fights in combat sports history.

*Pre-pandemic figures

About MGM Resorts International

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company’s 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its “Focused on What Matters: Embracing Humanity and Protecting the Planet” philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

For MGM Resorts:
Natalie Mounier, Kirvin Doak Communications
[email protected]

For Cirque du Soleil:
Ann Paladie
[email protected]

“O” by Cirque du Soleil, which has been enjoyed by more than 17 million people, celebrates its first performance in 16 months at Bellagio before a sold-out crowd on July 1, 2021

 

The spectacular cast of “O” by Cirque du Soleil prepares to take the stage at Bellagio for the first time in 16 months, July 1, 2021

 

“O” by Cirque du Soleil cast and crew members delight guests at Bellagio as they parade through the resort on reopening night in Las Vegas, July 1, 2021

 

A sold-out crowd gives “O” by Cirque du Soleil cast and crew members a standing ovation on their reopening night, July 1, 2021

 

The spectacular cast of “O” by Cirque du Soleil prepares to take the stage at Bellagio for the first time in 16 months, July 1, 2021

 

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SOURCE MGM Resorts International

Johnson Controls Welcomes Bipartisan Infrastructure Framework

– Johnson Controls encourages Congress to pass this historic legislation

– Plan includes enhancing energy infrastructure, including building efficiency

– Johnson Controls OpenBlue technology and services ready to support investments in digital technologies and infrastructure to reduce carbon emissions

PR Newswire

MILWAUKEE, July 2, 2021 /PRNewswire/ — Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today issued the following statement from Chief Sustainability, Government and Regulatory Affairs Officer Katie McGinty in response to the recent announcement that Congressional negotiators and the White House agreed to an infrastructure framework.

Johnson Controls fully supports the Bipartisan Infrastructure Framework

“Johnson Controls fully supports the Bipartisan Infrastructure Framework and we encourage Congress and the White House to come together to pass this legislation. The inclusion of energy efficiency programs and infrastructure funding will significantly improve access to digital technologies, reduce carbon emissions, and save taxpayers money. This is a great first step to address climate change while creating jobs and growing our economy. We at Johnson Controls stand ready to support these initiatives with our efficient buildings equipment and our OpenBlue technology — a fully open architecture platform — that can drive 50 percent and more in improvement in energy efficiency and corresponding carbon emissions. We know that decarbonization of buildings is part of the solution as buildings represent some 40 percent of global emissions. Reducing energy waste from buildings also saves money, so there is every reason to accelerate action.”

The $1.2 trillion Bipartisan Infrastructure Framework is a critical step in implementing President Biden’s Build Back Better vision. The Plan makes transformational and historic investments in clean transportation infrastructure, clean water infrastructure, universal broadband infrastructure, clean power infrastructure, remediation of legacy pollution, and climate resilience.

About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. 

With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering, OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world’s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.


INVESTOR CONTACTS:


MEDIA CONTACTS:

Antonella Franzen

Chaz Bickers   

Direct: 609.720.4665

Direct: 224.307.0655

Email: [email protected]

Email: [email protected]  

Ryan Edelman

Michael Isaac

Direct: 609.720.4545 

Direct: +41 52 6330374

Email: [email protected]  

Email: [email protected]

 

 

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SOURCE Johnson Controls International plc

Thinking about buying stock in Iterum Therapeutics, Bridgeline Digital, T.A.T. Technologies, VEON, or Sorrento Therapeutics?

PR Newswire

NEW YORK, July 2, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ITRM, BLIN, TATT, VEON, and SRNE.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-iterum-therapeutics-bridgeline-digital-tat-technologies-veon-or-sorrento-therapeutics-301325033.html

SOURCE InvestorsObserver

Thinking about trading options or stock in Apple, Boeing, Walgreens Boots Alliance, Smith & Wesson, or General Electric?

PR Newswire

NEW YORK, July 2, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for AAPL, BA, WBA, SWBI, and GE.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thinking-about-trading-options-or-stock-in-apple-boeing-walgreens-boots-alliance-smith–wesson-or-general-electric-301325037.html

SOURCE InvestorsObserver

Thinking about buying stock in ContextLogic, Exela Technologies, Citius Pharmaceuticals, Overseas Shipholding, or Cerevel Therapeutics?

PR Newswire

NEW YORK, July 2, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for WISH, XELA, CTXR, OSG, and CERE.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-contextlogic-exela-technologies-citius-pharmaceuticals-overseas-shipholding-or-cerevel-therapeutics-301325032.html

SOURCE InvestorsObserver

INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Reminds Investors of a Securities Class Action Against Frequency, Inc. (NASDAQ: FREQ)

NEW YORK, July 02, 2021 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, reminds investors of a securities class action lawsuit against Frequency, Inc. (NASDAQ: FREQ) (“Frequency” or the “Company”) and its Chief Executive Officer, David Lucchino, alleging violations of §§10(b) and 20(a) of the Securities Exchange Act (15 U.S.C. §§78j(b) and 78t(a)) and Rule 10b-5 promulgated thereunder (17 C.F.R. §240.10b-5). If you purchased Frequency common stock between November 16, 2020, and March 22, 2021, inclusive (the “Class Period”), and have suffered a loss, realized or unrealized, you are encouraged to contact Joe Pettigrew for additional information at 844-818-6982 or[email protected].

Frequency is a pharmaceutical company focused on the development and commercialization of a hearing loss treatment titled “FX-322,” which the Company has long promoted as a potential treatment for patients with severe sensorineural hearing loss (“SNHL”).

The complaint alleges that Frequency and CEO Lucchino misled investors about the Phase 2a study of FX-322.

Before the market opened on March 23, 2021, Frequency disclosed in a press release disappointing interim results of the Phase 2a study, revealing that subjects with mild to moderate SNHL did not demonstrate improvements in hearing measures versus placebo.

On this news, Frequency’s shares fell from $36.29 to $7.99, a 78% drop, damaging investors.

Lead Plaintiff Deadline

The Lead Plaintiff deadline in this action is August 2, 2021. Any member of the proposed Class may seek to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class.

What You Can Do

If you purchased Frequency common stock between November 16, 2020, and March 22, 2021, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Joe Pettigrew at 844-818-6982 or [email protected].  

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.

This may be considered Attorney Advertising.

CONTACT:

Joe Pettigrew


Scott+Scott Attorneys at Law LLP


230 Park Avenue, 17th Floor, New York, NY 10169

844-818-6982


[email protected]